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Jones Company reports the following assets from the last two years: 2019 2018 Current Assets: Cash and Cash Equivalents $2,000 $1,900 Accounts Receivable 1,800 1,600

Jones Company reports the following assets from the last two years:

2019

2018

Current Assets:

Cash and Cash Equivalents

$2,000

$1,900

Accounts Receivable

1,800

1,600

Merchandise Inventory

1,200

1,000

Prepaid Expenses

1,300

2,100

Total Current Assets

6,300

6,600

Other Assets

17,000

15,000

Total Assets

$23,300

$21,600

Using horizontal analysis, what is the percentage of increase in Cash and Equivalents?

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